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Europe’s Capital B Buys 12 More BTC, Total Holdings Hit 2,812 Bitcoin Worth $314M
Yahoo Finance·2025-09-29 14:25

Group 1: Company Acquisition and Holdings - Capital B has acquired 12 additional Bitcoin (BTC) for €1.2 million, increasing total holdings to 2,812 BTC valued over $314 million as of September 29 [1] - The company has maintained an average acquisition cost of €93,216 ($108,800) per Bitcoin [1] - Capital B has experienced an 18,647% increase in Bitcoin holdings, growing from 15 BTC in November 2024 to 2,812 BTC in ten months [2] Group 2: Financial Performance and Yield - The company's aggressive accumulation strategy has generated a year-to-date BTC yield of 1,656.1% [2] - Capital B ranks 28th globally among public companies holding Bitcoin, trailing competitors like Metaplanet and Sequans Communications [3] Group 3: Strategic Partnerships and Institutional Backing - TOBAM has emerged as Capital B's primary strategic partner, participating in multiple capital raises and holding 5.70% of the company's outstanding shares [4] - Capital Group, a $2.6 trillion asset manager, has taken an 11.45% stake in Metaplanet, indicating significant institutional interest in Bitcoin treasuries [4] Group 4: Capital Formation Mechanism - Capital B completed its acquisition through an "ATM-type" capital increase program with TOBAM, issuing 706,000 new ordinary shares at €1.70 ($1.99) per share [5] - The ATM mechanism has generated €19.7 million ($22.99 million) in capital without intermediary fees since its launch [6] - Subscription prices in the ATM structure are set at the highest of three benchmarks, ensuring shareholder value protection [6]